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Dec 29, 2012
12/12
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that condition, in line with obama's campaign pledge to raise taxes on the wealthiest 2% of taxpayers ought. it is a condition that so far is unacceptable to republicans want to extend current tax breaks regardless of income. the pressure will be elements of the house republicans to follow through. at this point, it is an open question. >>> at least six people in pakistan have been killed, dozens injured in an explosion in karachi. it ripped apart a bus parked on the road and a hotel was also damaged. they're still no word on what caused the explosion. the police say a bomb was planted on the boss. another boat -- as it was planted on the bus, but another official said it was on a motorbike. >>> videos released follow several high-profile taliban attacks in the northern cities. the detonations envoy to syria has warned the country's crisis will go one of two ways, to help or a constructive political process. they say that the neighboring countries will not be to take many more refugees. they were speaking in moscow to the russian foreign minister. >> object of everybody who is acting
that condition, in line with obama's campaign pledge to raise taxes on the wealthiest 2% of taxpayers ought. it is a condition that so far is unacceptable to republicans want to extend current tax breaks regardless of income. the pressure will be elements of the house republicans to follow through. at this point, it is an open question. >>> at least six people in pakistan have been killed, dozens injured in an explosion in karachi. it ripped apart a bus parked on the road and a hotel...
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Dec 31, 2012
12/12
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LINKTV
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hello, president obama has made another appeal to the u.s. congress to reach an agreement in the next 48 hours to avoid the so-called fiscal cliff. it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global repercussions. it could be weeks before anyone feels the effects. and analysts say even without an agreement, politicians can reach other deals to soften the impact. >> u.s. president barack obama making a rare appearance on one of u.s. tv's agenda-setting sunday shows. he appealed to politicians of both parties not to let the u.s. go off the so-called fiscal cliff. the budget crisis, some kay -- say could tip
hello, president obama has made another appeal to the u.s. congress to reach an agreement in the next 48 hours to avoid the so-called fiscal cliff. it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social...
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Jan 1, 2013
01/13
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WUSA
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obama praised the senate agreement and urged the house to act without delay. capitol hill is quiet right now after an unprecedented late night. normally these halls would stay empty on new year's day but both the house and senate are in session with billions of dollars in spending cuts and tax increases on the line. lawmakers missed the january 1 deadline but the bill will be retroactive. many taxpayers across the nation are frustrated lawmakers waited so long to act. >> the whole system is flawed. it's terrible that it takes this long to get something done that affects so many people. >> it has been a very frustrating process. >> reporter: if the measure becomes law, it will be the first significant bipartisan tax increase since 1990. danielle nottingham, cbs news, washington. >> the bill as it is written also keeps the alternative minimum tax for the wealthy from hitting millions of middle- class families. >>> a seven-vehicle accident closed both directions of new york avenue and bladensburg road this morning. the pileup happened right in front of "the washi
obama praised the senate agreement and urged the house to act without delay. capitol hill is quiet right now after an unprecedented late night. normally these halls would stay empty on new year's day but both the house and senate are in session with billions of dollars in spending cuts and tax increases on the line. lawmakers missed the january 1 deadline but the bill will be retroactive. many taxpayers across the nation are frustrated lawmakers waited so long to act. >> the whole system...
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Jan 1, 2013
01/13
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WUSA
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the fact we're not where we are on taxes is disgusting. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law. terrell? >> tara mergener in washington, thank you so much. the bill also extends unemployment benefits for 2 million people. it prevents a 27% cut in fees for doctors who treat medicare patients. but many americans will see a tax hike because the bill does not affect a scheduled 2% increase in the payroll tax. it also kicked the can down the road on automatic spending cuts for the defense department and domestic programs. they've been postponed for two months. as lee cowen reports, that uncertainty has many business owners worried. >> reporter: jo ann vinute is running the numbers. her payroll is due this week. she n
the fact we're not where we are on taxes is disgusting. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. and even though congress did not meet the midnight deadline, tax cuts will be retroactive if the bill is eventually signed into law....
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Dec 30, 2012
12/12
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KBCW
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both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is fair and it include -- table is fair and includes plenty. cuts to spending. >> we can't afford a politically self-conflicted wound to our economy. >> reporter: if the negotiations don't pan out, the president is ready to propose his own scaled back bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's disgusting to watch them jockey around with our money. we're affected every day. >> reporter: missing in all the last-minute negotiations is talk of the $1.2 million in mandatory spending cuts scheduled to go into effect tuesday. >>> if the government does go over the cliff, the impact on the aviation industry could be disastrous, and it could have a domino
both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is fair and it include -- table is fair and includes plenty. cuts to spending. >> we can't afford a politically self-conflicted wound to our economy. >> reporter: if the negotiations don't pan out, the...
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Dec 28, 2012
12/12
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LINKTV
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increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it is logistically possible before new year's day -- then the most immediate impact would be the loss all unemployment relief checks for 2 million americans as well as payroll tax holiday that will come to an end, which means tax increases that over the year could total 2000-$3,000 a year for a family. >> school teachers in the u.s. state of utah and are being offered training in handgun and handling firearms. gun rights advocates have been coaching 200 teachers in the use of concealed weapons after the sandy hook shooting in connecticut. the national rifle association proposed placing an army officer at every u.s. school. -- armed officer. the man who led u.s. forces in the first gulf war general norman schwarzkopf has died. he was aged 78 and had been suffering from cancer. a look back at his career. >> not since world war ii had an american general commanded such a broad coalition
increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doubt that it is logistically possible before new year's day -- then the most immediate impact would be the loss all unemployment relief checks for 2 million americans as well as payroll tax holiday that will come to an end, which means tax increases that over the year could total 2000-$3,000 a year for a family....
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says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a singapore hospital her body is expected to be flown back to india later on saturday the twenty three year old student was beaten and suffered massive internal injuries before being thrown out into the road attack course deep outrage in new delhi with widespread demonstrations taking place to call for greater protection for women. italy's outgoing prime minister says he will lead a coalition of centrist parties after february's parliamentary elections omarion monti is not ruling out a return as head of state should the alliance be successful he resigned earlier this month after his government lost its majority amid the country's deepening recession. now are coming up fast to that night of fun fireworks and festivities a fair few of us will also be making some resolutions for twenty thirteen is laurie half a nice has been hearing some of the wishful thinking in new york. it's that time of year agai
says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a singapore hospital her body is expected to be flown back to india later on saturday the twenty three year old student was beaten and suffered massive internal injuries before being thrown out into the road attack course deep outrage in new delhi with widespread demonstrations taking place to call for greater protection for...
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Dec 31, 2012
12/12
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LINKTV
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of the extension of the tax cuts and also unemployment benefits, which is very important. if the unemployment benefits cease after the first of january, that has an immediate impact on expenditure in the u.s. on about 2 million unemployed people. i think he is going to try to put together a skeleton deal to at least bridge the gap while negotiations continue. u.s. secretary of state -- >> u.s. secretary of state hillary clinton has been taken to hospital. she suffered a concussion earlier this month. she is being treated with blood thinning medication and she will be monitored for the next 48 hours. venezuela's ailing president has had a new health setback, suffering complications after surgery. vice president nicolas maduro made an unexpected trip to the capital of cuba, where president chavez is receiving cancer treatment. >> 19 days after undergoing surgery, president chavez's health continues to be frail. it is a process not without risk. we have decided to stay in heaven for the next few hours, accompanying the commander and his- -- in havana for the next few hours, a
of the extension of the tax cuts and also unemployment benefits, which is very important. if the unemployment benefits cease after the first of january, that has an immediate impact on expenditure in the u.s. on about 2 million unemployed people. i think he is going to try to put together a skeleton deal to at least bridge the gap while negotiations continue. u.s. secretary of state -- >> u.s. secretary of state hillary clinton has been taken to hospital. she suffered a concussion earlier...
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policies, higher taxes, more debt, but you can make money. i promise! i recently got the low down on exactly what to do from spencer patton, the chief investment officer at steel vine invements. he started off giving his recipe on how toandleax changes for capital gains and dividends. >> capital gains taxes are going higher. it's just a matter of how much higher they are going. the smart thi to do, whether you own a business or own stocks is to sell. if you hold from december 31st to january 1st, you're taking somewhere between a% to a 15% hit because you're going to be paying more taxes. it's rising from 15% on longerm term capital gains. first, raise capital. sell what has been winning foru. you. melissa: get out while the getting is good. we saw that in the target -- stock market the past two days. the second thought is buying a single family home, how come? wh >> do what warren buffet does. it's a great strategy. if you can do anything, he would bu 40,000 single family homes and use them as rentals. that makes sense here because if you ca
policies, higher taxes, more debt, but you can make money. i promise! i recently got the low down on exactly what to do from spencer patton, the chief investment officer at steel vine invements. he started off giving his recipe on how toandleax changes for capital gains and dividends. >> capital gains taxes are going higher. it's just a matter of how much higher they are going. the smart thi to do, whether you own a business or own stocks is to sell. if you hold from december 31st to...
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Dec 29, 2012
12/12
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KQED
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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Dec 31, 2012
12/12
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FBC
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and now this, taxing all those jobs creators, all those small businesses. i don't know why you would want to invest in this country now. gerri: let me ask you this. the congressional budget office has out its numbers. if the fiscal cliff hits they say u.s. gdp would shrink by half a percentage point and that unemployment will rise to over 9%. do you think they have the rights or are they just too conservative? will it be worse? >> if we actually went over the cliff we would be subtracted from domestic demand over $600 billion. that is about four percentage points in gdp. most economists were forecasting in the first half of next year hardly 2 percent growth. if you subtract 4% to spending from that year and a recession that is much deeper. the cbo tense and not be alarmist because they say what they are partisan, but congress read it paycheck, and they don't want to say congress is being irresponsible and thrusting the economy into the next great depression. gerri: then know whether paycheck comes from. did you know that congress, the vice-president, the pr
and now this, taxing all those jobs creators, all those small businesses. i don't know why you would want to invest in this country now. gerri: let me ask you this. the congressional budget office has out its numbers. if the fiscal cliff hits they say u.s. gdp would shrink by half a percentage point and that unemployment will rise to over 9%. do you think they have the rights or are they just too conservative? will it be worse? >> if we actually went over the cliff we would be subtracted...
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Dec 28, 2012
12/12
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WETA
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes, there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs, cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that t
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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Dec 29, 2012
12/12
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KCSM
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spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough. >> i mean, i like with starbucks is riding on the cups. i wish they would write, like, something else, like "republicans, stop being stupid." >> i think the solution will probably be neutered and not very effective, but ultimately, i think they will avoid the fiscal cliff. >> but neither side appears willing to give in. democrats, for example, are frustrated that republicans will not agree to raise taxes on the wealthy. >> the majority of rich people in our great country are willing to pay more. the only people who disagree with that are republicans who work in this building. >> republicans say that democrats want to sp
spending cuts and tax hikes that will bite if lawmakers fail to come up with a plan. >> pessimism remains the prevailing mood in washington as the january deadline rapidly approaches. neither democrats nor republicans have any new proposals for a workable compromise. >> the starbucks coffee chain has urged its workers in washington, d.c., area to write "come together" on the cups, a plea for party leaders to work out a compromise, but some customers say that is not enough....
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Dec 29, 2012
12/12
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FOXNEWSW
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higher tax rate. john boehner floated a plan that would have kept low rates for those making up to a million dollars. two house members talked to us earlier today about where the tax issue is likely heading. >> the $400,000 level seems to me to be about right. that represents about the top 1% of income earners in the country. we need to save tax hikes on as many americans as we can. i kind of feel like i'm a life guard and we got to save as many people from crown not guilty higher taxes as we can. >> the challenge is finding the right figure to win some republican support in the senate and attract enough votes to pass the house. kelly. >> kelly: interesting comment right there, feeling like a life guard. many people are wondering if they're going to do that on capitol hill. thanks so much. going to be an interesting new year. watch fox sunday tomorrow. chris wallace talks with lindsey graham and nine fine stein. check your -- diane feinstein. >> heather: new york city police have a woman in custody wh
higher tax rate. john boehner floated a plan that would have kept low rates for those making up to a million dollars. two house members talked to us earlier today about where the tax issue is likely heading. >> the $400,000 level seems to me to be about right. that represents about the top 1% of income earners in the country. we need to save tax hikes on as many americans as we can. i kind of feel like i'm a life guard and we got to save as many people from crown not guilty higher taxes...
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democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the political parties fail to find a way forward a barman says he will call a vote in congress to stop the tax rises if they can't work it out. the victim of a gang rape on a bus that triggered violent protests in india has died in the singapore hospital a body is expected to be flown back to india later on saturday the twenty three year old student was beaten and suffered massive internal injuries before being thrown out onto the road. rage in new delhi with widespread calls for greater measures to protect women. italy's outgoing prime minister says he will lead a coalition of centrist party to after february parliamentary elections and mario monti is not ruling out a return as a as head of state should the alliance be successful he resigned early this month after his government lost its majority amid the country's deepening recession. now we're coming up fast so that night of fun fireworks and festivit
democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the political parties fail to find a way forward a barman says he will call a vote in congress to stop the tax rises if they can't work it out. the victim of a gang rape on a bus that triggered violent protests in india has died in the singapore hospital a body is expected to be flown back to india later on...
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Dec 27, 2012
12/12
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KTVU
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deal, before historic tax increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although negotiators and the president are back at work. >> at the very least, let's agree right now on what we already agree on. >> reporter: an olive branch to the gop, and carrot to corporate giants. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's highest. but closing loopholes that helped google, for instance, avoid $2 billion in taxes last year. >> corporations are a little concerned. >> reporter: gary is optimistic about a deal. >> i'd still rate it better than 50/50. >> reporter: what seems increasingly likely is to allow the country to go over that fiscal cliff, triggering higher taxes. that would allow hard line republicans to vote for lower taxes, a few days later. >> to make them look better? to appease voters. if that's the reason, great. >> reporter: some call it a low form of political shenanigans. >> i t
deal, before historic tax increases go into effect next week. why some believe we will head over the fiscal cliff before washington takes action. >> reporter: the halls of power empty, although negotiators and the president are back at work. >> at the very least, let's agree right now on what we already agree on. >> reporter: an olive branch to the gop, and carrot to corporate giants. the administration now suggesting cutting corporate tax rates. the u.s. has among the world's...
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Dec 31, 2012
12/12
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WUSA
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. >>> on meet the press president obama accused republicans of protecting the wealthiest americans from tax hikes. >> reporter: the president has asked his plan, which includes tax hikes, to be given an up or down vote. >>> i'm watching your money. asian stock markets mostly closed or traded lower today on diminished hopes u.s. lawmakers can come to an agreement on the fiscal cliff. wall street has a full trading day today. checking the numbers for you the dow starts this morning at 12938. that's right below 13,000 after selling off 158 points on friday. of course over concerns about the fiscal cliff. the nasdaq lost more than 25 points and the s & p 500 was off by around 16 points. >>> real estate in ocean city is moving off the market at a very brisk pace right now. numbers from the coastal association of realtors shows a 25% reduction in the inventory of unsold condos in ocean city. that includes multi-million dollar properties. the data show contracts are up 14% year to date with settlements up 6%. inventory increased sharply from march through november after being flat from last de
. >>> on meet the press president obama accused republicans of protecting the wealthiest americans from tax hikes. >> reporter: the president has asked his plan, which includes tax hikes, to be given an up or down vote. >>> i'm watching your money. asian stock markets mostly closed or traded lower today on diminished hopes u.s. lawmakers can come to an agreement on the fiscal cliff. wall street has a full trading day today. checking the numbers for you the dow starts...
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Dec 29, 2012
12/12
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CNNW
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so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job killing tax hikes, and we need to start cutting spending now. >> republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but today the philosophy's main spokesman is this man. grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ce
so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job killing tax hikes, and we need to start cutting spending...
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Dec 24, 2012
12/12
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KPIX
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there are eight days now until fhe fiscal cliff of big tax increases for most americans. and across-the-board spending cuts in the federal budget. even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done. that would be close to the $4 trillion we need to stabilize the debt and begin to bring it down. >> i would vote for revenues, including tax rate hikes even ugh ih i don't like them, to get a-- to save the country from becoming greece, tax rate hikes are part of the solution driven by the president. but he's going to get tax rate hikes. ratey republican colleagues, if we can protect 99% of the american public from a tax hike that is not a tax increase in my books. >> glor: with christmas just two nuys away last minute gift buyers are out. today shopper track said raturday was the busiest da
there are eight days now until fhe fiscal cliff of big tax increases for most americans. and across-the-board spending cuts in the federal budget. even with congress adjourned and president obama out of town, erme lawmakers today talked about a last minute deal. >> my own belief is what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference. that would be a package of about $2.6 trillion. you couple that with the 1.1 trillion already done....
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570
Dec 31, 2012
12/12
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CSPAN2
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the tax cut deal, the big fights over the budget and the debt ceiling and deficit reduction, also the bin laden raid and what happened in egypt and libya. and so i'm looking at how obama made the decisions he made and took, and why he took the actions he took in that very perilous time politically, but also explain how this is all done in a way to set up the 2012 campaign that we just went through. he had a theoryf
the tax cut deal, the big fights over the budget and the debt ceiling and deficit reduction, also the bin laden raid and what happened in egypt and libya. and so i'm looking at how obama made the decisions he made and took, and why he took the actions he took in that very perilous time politically, but also explain how this is all done in a way to set up the 2012 campaign that we just went through. he had a theoryf
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Dec 29, 2012
12/12
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CNNW
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so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended, by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job-killing tax hikes, and we need to start cutting spending now. >> reporter: republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls for government to be as small as possible. now, its roots are as old as american politics. but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising
so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they're extended, by 2020, the bush-era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job-killing tax hikes, and we need to start cutting...
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Dec 28, 2012
12/12
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KQED
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. >> reporter: the ports impacted generate an estimated $11 billion in state and local taxes annually. but losses from any strike will be felt far beyond the coast, with industries as diverse as agriculture, manufacturing and retail taking a hit. that's got the national retail federation urging president obama to intervene: >> the ports are a critical component to the u.s. global supply chain and a potential strike or shutdown to the ports not only impacts retailers but all other businesses who rely on the ports to move the nation's commerce. >> reporter: the sticking point in negotiations: a decades old law, called the container royalty fund. it was established in the 1960s to help dockworkers displaced by technology, the port alliance says these days those royalties serve as a bonus to workers, not a safety net. but the union disagrees saying the payments still help compensate workers for lost job opportunities. florida is home to almost a third of the ports that would be affected by the potential strike, governor rick scott says he's still thinks a deal will be reached, but if it d
. >> reporter: the ports impacted generate an estimated $11 billion in state and local taxes annually. but losses from any strike will be felt far beyond the coast, with industries as diverse as agriculture, manufacturing and retail taking a hit. that's got the national retail federation urging president obama to intervene: >> the ports are a critical component to the u.s. global supply chain and a potential strike or shutdown to the ports not only impacts retailers but all other...
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Dec 26, 2012
12/12
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CNBC
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and try to avoid the automatic tax hikes and spending cuts. that's the same day that congress returns to town. now before the president left for hawaii on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. >>> and in case you missed all the political drama, take a look at how the fiscal cliff debate has been playing out in washington. >> the fiscal cliff, yes, it is still looming if you're out there wondering. >> i think we could be taken to the brink again. >> the market is responding to the pending fiscal cliff. >> business has stopped investing. business has stopped spending. business has stopped hiring. >> nobody knows what's going to happen. there's outlandish guesses on both sides. >> it wouldn't surprise me if we go past january 1. >> you can't tax your way out of this. you can't cut spending your way out of this. you can't grow your way out of this. >> another two million people will lose their job. unemployment will go to over 9%. why would we do tha
and try to avoid the automatic tax hikes and spending cuts. that's the same day that congress returns to town. now before the president left for hawaii on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. >>> and in case you missed all the political drama, take a look at how the fiscal cliff debate has been playing out in washington. >> the fiscal cliff, yes, it is still looming if you're out...
WHUT (Howard University Television)
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68
Dec 28, 2012
12/12
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WHUT
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obama and the rest of republicans remain of the impasse over the republican refusal to allow tax hikes even for the wealthiest americans. senate majority leader on thursday accused house speaker john boehner of holding up a deal. >> the american people i don't think understand the house representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority of the house representatives to get what they want. >> adding to the urgency surrounding the talks, treasury secretary timothy geithner warned this week the u.s. will not be able to pay its creditors after monday unless the debt ceiling is raised. we will have more on the fiscal cliff talks, speaking with congressmember dennis kucinich after the headlines. environmental protection agency head lisa jackson has announced a resignation ahead of president obama's second term. jackson departs after a four- year tenure that saw advances in the regulation of environmentally harpo practices such as mountaintop removal and the emissions of harmful chemicals fro
obama and the rest of republicans remain of the impasse over the republican refusal to allow tax hikes even for the wealthiest americans. senate majority leader on thursday accused house speaker john boehner of holding up a deal. >> the american people i don't think understand the house representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker, not allowing the vast majority of the house representatives to get what they want....
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Dec 28, 2012
12/12
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WJZ
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it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means perhaps heading back into recession? >> yes there is little doubt in washington about the seriousness of the sick jubilation. the problem is withdrawing government demand from the economy too big spending programs cuts with a smothering effect on the tax hikes will have been very damaging effect on the was economy and by extension the world economy. people know it is serious, but the politics, we know that the house and senate republicans do not want to increase taxes on anybody, so it is very difficult to see how a package can get through congress, certainly in time for the new year. one guess is that the
it has been reported that president obama presented a plan to increase taxes on income over a quarter million dollars per year, as part of the deficit reduction plan to deal with american debt. he would probably say to the congressional leaders that need to figure out a way to get it through, but i think the expectations in washington of a deal are low with only three, four days left until the new year and the media tax hikes and spending cuts taking and -- kicking in. >> that means...
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Dec 27, 2012
12/12
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KQED
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obama-- who's the only man that can stop a massive tax increase on january 1-- wants to do that, there's nothing house republicans can do to stop it. >> warner: with but explain why they were -- i mean, was it just that any deal that raised taxes period -- no compromise was worth that. >> it's hard to compromise when there's not two sets of ideas on the table. the senate democrats have never passed a budget resolution so how do you split the difference? what we'd like the see, the only rational solution at this end of the game is do extend the current rates for another year like was done in 2010 and let's go through regular order. let's actually write a tax bill out of the ways and means committee. let's have the senate democrats debate that. let's go through the normal budget process, pass a budget resolution by april 15 because the only way you'll get to the real issues which are tax reform and real entitlement reform, that has to be done through regular order. it's not going to be done in a back room at the end of this year. >> warner: that's what was said last december when the budge
obama-- who's the only man that can stop a massive tax increase on january 1-- wants to do that, there's nothing house republicans can do to stop it. >> warner: with but explain why they were -- i mean, was it just that any deal that raised taxes period -- no compromise was worth that. >> it's hard to compromise when there's not two sets of ideas on the table. the senate democrats have never passed a budget resolution so how do you split the difference? what we'd like the see, the...
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Jan 1, 2013
01/13
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MSNBCW
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float the idea of a tax increase in his state. well, it's about the need to beef up the military personnel in case civil war breaks out in case president obama got elected. here's jung herks edd on that one. >> i'm thinking worst-case scenario. civil unrest, civil disobedience, civil war, maybe. we're not talking just a few riots here and demonstrations. we're talking lexington, concord, take-up-arms and get rid of the guy. the sheriff, i said are you going to back me? he said yeah, i'll back you. >> that was his idea of the worst-case-scenario. here's iowa u.s. congressman steve king with how president obama's mother managed to convince us all that her son was born in hawaii, not in kenya. >> i looked into that before he was sworn into the presidency. we look sbood the library of congress and we found the microfiche of two newspapers, only two newspapers in hawaii. each of them had published the birth of barack obama. that doesn't mean that there aren't some other explanations on how they might have announced that telegram from k
float the idea of a tax increase in his state. well, it's about the need to beef up the military personnel in case civil war breaks out in case president obama got elected. here's jung herks edd on that one. >> i'm thinking worst-case scenario. civil unrest, civil disobedience, civil war, maybe. we're not talking just a few riots here and demonstrations. we're talking lexington, concord, take-up-arms and get rid of the guy. the sheriff, i said are you going to back me? he said yeah, i'll...
WHUT (Howard University Television)
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Dec 31, 2012
12/12
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WHUT
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president obama believes it is time for the wealthiest americans to pay more in taxes. he has made that part of his negotiating position. he criticized republicans for resisting these tax increases. >> they said the biggest party is making sure we deal with the deficit and a serious way. the way they're beating is their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> the republican party argues it is ready to deal. it is the president and democrats were not. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest, frankly, their courage to close the deal. i want everyone to know i am willing to get this done. but i need a dance partner. >> if republicans and democrats don't join the dance soon, america will enter the new year and a state of heightened political and economic uncertainty. congress can choose to put a stop to this as soon as it likes. the news americans are wondering when it will do so.
president obama believes it is time for the wealthiest americans to pay more in taxes. he has made that part of his negotiating position. he criticized republicans for resisting these tax increases. >> they said the biggest party is making sure we deal with the deficit and a serious way. the way they're beating is their only priority is making sure that tax breaks for the wealthiest americans are protected. that seems to be their only overriding unifying theme. >> the republican...
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Dec 31, 2012
12/12
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WUSA
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senate republican leader mitch mcconnell and president obama said today a deal was close. but late in the day house leaders announced they will not vote on a deal tonight. they're waiting for the senate. so what happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >> good evening to you, rebecca. it looks like the deadline pressure finally prompted a meeting of the minds today. negotiators agreed to a plan that extends the bush era tax cuts for 99% of americans. but they are hung up on one key spending issue, and so it looks like we will go over the fiscal cliff at least temporarily. >> we're very, very close to an agreement. >> reporter: senate republican leader mitch mcconnell said his round-the-clock negotiations with vice president biden had paid off. >> i can report that we've reached an agreement on all of the tax -- the tax -- issues. >> reporter: first and foremost, the bush era tax cuts. the two sides agreed to extend them permanently for all household income under $400,000 a year for individuals, $450,000 a year for f
senate republican leader mitch mcconnell and president obama said today a deal was close. but late in the day house leaders announced they will not vote on a deal tonight. they're waiting for the senate. so what happens now? we have two reports beginning with nancy cordes on capitol hill. nancy, good evening. >> good evening to you, rebecca. it looks like the deadline pressure finally prompted a meeting of the minds today. negotiators agreed to a plan that extends the bush era tax cuts...
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Dec 29, 2012
12/12
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WRC
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obama met with top party leaders friday, calling on them to either reach a compromise or allow a vote on his plan that would among other things raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> reporter: missouri senator roy blount delivered the republican response sharply criticizing the president's proposal. >> the president's proposal to raise taxes on the top 2% of americans won't even pay one-third of the annual interest now owed on the massive $16 trillion debt. >> reporter: in the political cliff hanger sources close to the talks say senate leaders harry reid and mitch mcconnell are drafting a small plan that could include extending unemployment insurance benefits pro-tkting about 30 million americans from paying the alternative minimum tax and allowing tax rates to increase on the wealthiest americans, but this issue remains a major sticking point with many republicans resisting any tax increase at all. economists say the last-minute process call
obama met with top party leaders friday, calling on them to either reach a compromise or allow a vote on his plan that would among other things raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> reporter: missouri senator roy blount delivered the republican response sharply criticizing the president's proposal. >> the president's proposal to raise...
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Dec 24, 2012
12/12
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KTVU
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president barack obama is on vacation and so is house speaker john boehner and there is no agreement and if we go over the cliff, most americans will see higher taxes. >>> a police woman shot and killed an american security adviser. it happened inside the heavily guarded area. the shooting appears to be an insider attack and authorities say this is the first such attack by a woman and was arrested by afghan police. >>> they are dealing with the rising number of homicides and one city now is also known for its violence. police say 18 people have been killed so far which is down from 43 years ago. the city declared a state of emergency after a deadly summer in 2005. >>> they plan on conduct being several checkpoints from hours from now. they canceled one in fremont and drunk driving is made worse when there are heavy rains like the ones we had over the weekend. they were just three from the same timeframe when skies are clear. >>> roads have been pretty clear and we are just getting a new report of bart delays so let's check in with tara who is in for sal castaneda. >>> this is due a m
president barack obama is on vacation and so is house speaker john boehner and there is no agreement and if we go over the cliff, most americans will see higher taxes. >>> a police woman shot and killed an american security adviser. it happened inside the heavily guarded area. the shooting appears to be an insider attack and authorities say this is the first such attack by a woman and was arrested by afghan police. >>> they are dealing with the rising number of homicides and...
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Dec 30, 2012
12/12
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CNNW
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and house are convening while senate negotiators work at a plan to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. >> in news overseas the bodies of the dead are being carried away in syria today. at least 397 people were killed saturday. that is the deadliest day so far in the 21-month long civil war. another 52 died today. the joint u.n. arab league envoy said the situation is rapidly deteriorating but that a solution is still possible. >>> in massachusetts boston's mayor lifted a snow emergency a little earlier today. more than a foot of snow fell on several towns across that state overnight. crews are clearing tons of snow in the gillette stadium now preparing for the patriots/dolphins game this a
and house are convening while senate negotiators work at a plan to prevent massive spending cuts and tax hikes from kicking in january 1st. president obama appeared today on nbc's "meet the press" and said the cuts in spending need to be fairly distributed. >> what i'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors making students pay a higher student loan rates, ruining our capacity to invest in things like basic research...
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Dec 24, 2012
12/12
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CNNW
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class tax rates. brianna keilar joins us live from hawaii. what do we think will happen as the holiday week rolls out? >> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could put on the floor, but right now it appears democrats in the white house are pushing for something that still concentrates on making sure that income tax rates for those making a quarter million dollars or less don't go up. that said, it's really hard to see how at that rate senator mcconnell might allow some republican senators to support it or that some republican senators would even want to jump on board with that and even harder to see how a bill like that is something that house speaker john boehner would allow t
class tax rates. brianna keilar joins us live from hawaii. what do we think will happen as the holiday week rolls out? >> reporter: well, and don, we should probably say where our senate majority leader harry reid and senator mcconnell, the republican leader in the senate, because now all eyes turn to the senate. they're set to come back to town on the 27th. that is thursday. and at this point there are a number of options for some sort of bill that senate majority leader harry reid could...
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Dec 29, 2012
12/12
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KGO
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there are fewer than three days left before taxes go up for all americans and federal programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as politics in washington don't get in the way of america's progress. so we've got to get this done. >> in the event congress does not make a deal, here's how the fiscal cliff could affect you. first, income taxes will go up substantially. a middle class family will pay about $2,000 more per year. gas prices will likely fall because individuals will have to spend less on fuel. you could see longer lines at the airport because budget cuts would force the tsa to cut its staff and retail prices may fall because declining consumer confidence would push retailers to offer discounts to get shoppers into their stor
there are fewer than three days left before taxes go up for all americans and federal programs see major cuts. president obama met with republican and democratic leaders yesterday in a high stakes meeting at the white house. senate leaders will debate a new plan over the weekend, hoping to have a deal to vote on by monday. then it will go to the house. the president said a deal is critical for the nation. >> economists, business leaders all think we are poised to grow in 2013 as long as...
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Dec 29, 2012
12/12
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KRON
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the main sticking point continues to be tax rates for the wealthy. just a day after oakland's top officials unveiled a new plan to fight crime. three people were killed overnight. two young men were gunned down about one this morning. about an hour and a half later. a woman was found stabbed to death. no arrests have been made.. chevron now has the okay to move forward with plans to repair the crude unit that burst into flames at its richmond refinery in august. the company will be able to use a type of pipe that has created a lot ofthe state's chemical safety board does not think it's the best choice for preventing corrosion. in bay area news. j. gamow we could see more rainfall longer coast. half moon bay, light rain and it will continue to press south slowly towards the coast. however, it is impacted to impact the coast. >> catherine: there are new charges tonight in a brutal home invasion crime in san francisco december 9th. a man was killed - and a woman beaten. prosecutors say 6 people - including catherine uong - also known as "killer" - force
the main sticking point continues to be tax rates for the wealthy. just a day after oakland's top officials unveiled a new plan to fight crime. three people were killed overnight. two young men were gunned down about one this morning. about an hour and a half later. a woman was found stabbed to death. no arrests have been made.. chevron now has the okay to move forward with plans to repair the crude unit that burst into flames at its richmond refinery in august. the company will be able to use...
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Dec 31, 2012
12/12
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KRON
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republicans want tax cuts to stay where they are. president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts. so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate stand in recess. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing it were 2012 when they had more money in their pockets. >> i am andrew spencer reporting. >> the time is 4:30. we will follow the fiscal cliff. lawmakers will meet in about three and one-half hours 8:00 a.m. our time. we will give you more during the kron 4 morning news. we will take it to erica was calling the weather and traffic. good morning erica. >> good morning will. is the last day of 2012 and a clear start to the morning. a lot of people have the day off. it is cold out there. we have frost developing. in some locations actually will drop into the mid-20s. that is reserved for the protective valley. it is cold out there and we are not at your morning l
republicans want tax cuts to stay where they are. president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts. so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate stand in recess. >> the senate reconvenes at 11:00 a.m.. as americans celebrate the beginning of 2013 they may wake up wishing it were 2012 when they had more money in their pockets. >> i am andrew spencer reporting....
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Dec 30, 2012
12/12
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CNNW
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at least extend middle class tax cuts and unemployment benefits if no fiscal deal is reached. tax hike increase take effect january 1st. >>> the situation in the war-torn country is getting worse by the day. this weekend is proving him right. opposition activists say at least 397 people were killed across syria yesterday alone. if true, the deadliest day yet in almost two years in the civil war. the opizatiposition says more t 200 killed following a battle. >>> new england is getting a heavy dose of snow and freezing temperatures. boston is expected to get up to eight inches and the city's mayor has declared a snow emergency. neighboring rhode island is also getting pounded over a foot of snow has already fallen in some parts of that state. >>> some good news this morning about former president george h.w. bush. we're told he is improving and has been moved out of the intensive care unit of the houston hospital where he was being treated for an elevated fever. the 41st president has been in the hospital for more than a month now. >>> those are your headlines. "reliable sources
at least extend middle class tax cuts and unemployment benefits if no fiscal deal is reached. tax hike increase take effect january 1st. >>> the situation in the war-torn country is getting worse by the day. this weekend is proving him right. opposition activists say at least 397 people were killed across syria yesterday alone. if true, the deadliest day yet in almost two years in the civil war. the opizatiposition says more t 200 killed following a battle. >>> new england is...
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Dec 25, 2012
12/12
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CSPAN2
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do you ever hear the obama administration defending why it works to raise taxes on the small businesses or on individuals who are successful? do you ever and made from an economic standpoint, this is how we will generate more income because it does is generate more income. will they generate less. instead of actually trying to reticulated her sons and their economic policy, they ripped us apart. they divided us. they start vilifying conservatives by feeding poor people and the middle-class. this whole class warfare thing, ripping us apart based on economic status. i was sitting there watching obama gave a speech the other day. actually a couple months ago. he said 12 times the middle-class in this speech. pigeonholing us into the middle-class. he loves to san juan to help you come to you americans, individual people, you people get in the middle-class and stay there. first of all, why is the president of the united states responsibility to decide what class they should be in. i should have terms to achieve whatever level of income and greatness that i want to. this country provides me t
do you ever hear the obama administration defending why it works to raise taxes on the small businesses or on individuals who are successful? do you ever and made from an economic standpoint, this is how we will generate more income because it does is generate more income. will they generate less. instead of actually trying to reticulated her sons and their economic policy, they ripped us apart. they divided us. they start vilifying conservatives by feeding poor people and the middle-class....
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Jan 1, 2013
01/13
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MSNBCW
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up military personnel in case civil war broke out in case president obama got re-elected. here's judge hedd on that one. >> i'm thinking worst case scenario, civil civil unrest, civil disobedience, civil war, maybe. we're not talking just a few riots here, demonstrations. we're talking lexington, concord, take up arms and get rid of the guy. he's going to send in u.n. troops. i don't want him in lubbock county. i'm going to stand in front of the armored pe eed personnel ca and say you're not coming in here. the sheriff, i said are you going to back me? he said yeah, i'll back you. >> loony tunes. finally birtherism with a twist. here's iowa, u.s. congressman steve king with how president obama's mother managed to convince us all that her son was born in hawaii, not in kenya. >> i looked into that before he was sworn in for the presidency. we went down into the library of congress and found a microfiche there of two newspapers in hawaii, each of them had published the birth of barack obama. it would have been awfully hard to fraudulently file the birth notice of barack obam
up military personnel in case civil war broke out in case president obama got re-elected. here's judge hedd on that one. >> i'm thinking worst case scenario, civil civil unrest, civil disobedience, civil war, maybe. we're not talking just a few riots here, demonstrations. we're talking lexington, concord, take up arms and get rid of the guy. he's going to send in u.n. troops. i don't want him in lubbock county. i'm going to stand in front of the armored pe eed personnel ca and say you're...
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Dec 28, 2012
12/12
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WBAL
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democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend, and that may not be the end of it. the weather channel's chris warren joins me now. chris, good evening. >> good evening to you, too, natalie. we are watching a storm right now developing that will bring some snow to the northeast. the satellite does show that storm right now taking shape in the southeast, and it is going to move into the northeast. it's tapping into some gulf of mexico moisture. we're going to watch the timing right now. tomorrow morning, snow will be flying in the ohio valley throughout much of pennsylvania. during the day, moving into philadelphia, new york city and then into connecticut and boston by the eveni
democrats are going to dare republicans to block an up or down vote on the president's proposal of tax hikes for everyone over $250,000. >> john harwood joining us from washington this evening. thanks so much, john. >>> and a program note. david gregory will have an exclusive interview with president obama on the fiscal cliff crisis this sunday on "meet the press." >>> and now to the weather. and more snow is on the way as we head into the new year's weekend,...